MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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- Suppose that the quarterly sales levels among health care information systems companies are approximately normally distributed with a mean of 12 million dollars and a standard deviation of 1.1 million dollars. One health care information systems company considers a quarter a "failure" if its sales level that quarter is in the bottom 20% of all quarterly sales levels. Determine the sales level (in millions of dollars) that is the cutoff between quarters that are considered "failures" by that company and quarters that are not. Carry your intermediate computations to at least four decimal places. Round your answer to one decimal place.arrow_forwardSuppose that salaries for recent graduated of one university have a mean of $25,500 with a standard deviation of $1050. Using Chebyshev’s theorem, what is the minimum percentage of recent graduates who have salaries between $22,350 and $28,650? Round your answer to one decimal place.arrow_forwardSuppose that the quarterly sales levels among health care information systems companies are approximately normallydistributed with a mean of 11 million dollars and a standard deviation of 1.4 million dollars. One health care informationsystems company considers a quarter a "failure" its sales level that quarter is in the bottom 15% of all quarterly saleslevels. Determine the sales level (in millions of dollars) that is the cutoff between quarters that are considered "failures" bythat company and quarters that are not. Carry your intermediate computations to at least four decimal places. Round your answer to one decimal place.arrow_forward
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